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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Swedish Krona/Swiss Franc (FOREX:SEKCHF)
Crossroads (+60) - SEKCHF is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SEKCHF?
MarketClub looks at technical strength and momentum to determine if the timing is right for SEKCHF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SEKCHF
The long-term trend has been DOWN since Jul 25th, 2024 at 8.17270
The intermediate-term trend has been UP since Dec 13th, 2024 at 8.12825
The short-term trend has been UP since Dec 24th, 2024 at 8.14925
Smart Scan Analysis for SEKCHF
Based on our trend formula, SEKCHF is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.1130 | 8.1544 | 8.1093 | 8.1337 | +0.0207 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.1130 | 2024-12-26 16:25:55 |